IndiGo 'A Cashflow Machine' Despite Earnings Volatility, Says Motilal Oswal — Check Target Price
Motilal Oswal likes IndiGo for its unmatched domestic network leadership, rapidly expanding international presence, industry-leading cost structure, robust fleet expansion pipeline, and multiple growth levers such as premiumisation, expansion in cargo and acceleration in loyalty, which position the company for continued market share gains and healthy earnings growth in the medium term.




